Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBotswana Diam Regulatory News (BOD)

  • There is currently no data for BOD

Botswana Exploration Programme for 2016

2 Mar 2016 07:00

RNS Number : 6838Q
Botswana Diamonds PLC
02 March 2016
 

2nd March 2016

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

 

Botswana Exploration Programme For 2016

 

The directors of Botswana Diamonds (AIM: BOD) are pleased to present highlights of the forthcoming first half 2016 exploration programme for Botswana. This will commence this month and will be managed by Alrosa, the Russian diamond producer, who is our 50 per cent partner in the venture.

 

Highlights

· Drilling of one core hole to 300m depth and one or two large diameter holes, each 300 metres deep on kimberlite pipe AK21 on PL 260 in the Orapa area.

· Drilling two or three follow-up holes, 80 metres each on PL 210 in the Orapa area.

· Hard rock and heavy concentrate sampling on PLs 260 and 210 in Orapa and on our four licences in the Gope area.

· Ground magnetic surveys and electromagnetic (TEM) surveys on PLs 260 and 085 in Orapa; and PLs 135, 136 and 137 in Gope.

· The budget is $700,000 of which half will be paid by BOD

 

John Teeling, chairman, commented "This is a very focused programme. The wide diameter holes to be drilled on a known kimberlite on our new licence in Orapa, PL 260, are to test whether diamond grades improve at depth.

 

The follow up holes on PL 210 are to investigate local geophysical anomalies (magnetic and electromagnetic) which can be connected with kimberlites.

 

The Gope area is emerging as an attractive diamond province with the Gem owned Ghagoo mine and the Petra owned KX36 discovery. We have already explored three small licences in the area and found anomalies. The proposed work will identify drill targets."

 

 

 

_________________________________________________________________________________

This release has been approved by Benjamin Mosigi, MSc (Mineral Exploration and Mining Geology), who is a member of the Geological Society of South Africa.

_________________________________________________________________________________

 

 

 

Enquiries:

Botswana Diamonds PLC

John Teeling, Chairman

+353 1 833 2833

Jim Finn, Director

Dipti Mehta

Northland Capital Partners Limited

David Hignell/Gerry Beaney (Corporate Finance)

+44 (0) 20 7382 1100

John Howes (Broking)

Dowgate Capital Stockbrokers Limited

Jason Robertson

+44 (0) 129 351 7744

Blytheweigh

+44 (0) 20 7138 3204

Camilla Horsfall

PSG Plus

Colm Heatley

+353 (0) 1 661 4055

Alan Tyrrell

+353 (0) 1 661 4055

 

www.botswanadiamonds.co.uk

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBUGDXISGBGLB
Date   Source Headline
15th Nov 20167:00 amRNSDrilling and Analysis Update on Orapa and Gope
25th Oct 201611:06 amRNSUpdate on PL 260 in Orapa
20th Oct 20167:00 amRNSKalahari Desert Drilling Starts
18th Oct 20167:00 amRNSDrilling on AK 22 Commences
9th Sep 20167:00 amRNSExploration Update for Alrosa Joint Venture
28th Jun 201610:20 amRNSExercise of Warrants
15th Jun 20165:37 pmRNSExercise of Warrants
9th May 201612:19 pmRNSUpdate - Maibwe Diamonds (Brightstone)
6th May 20167:00 amRNSPlacing to raise £500,000
21st Apr 201611:03 amRNSUpdate on Exploration in Botswana
6th Apr 201611:06 amRNSDrill Programme Begins
24th Mar 20167:00 amRNSInterim Results
23rd Mar 20167:00 amRNSExploration Begins in Orapa
2nd Mar 20167:00 amRNSBotswana Exploration Programme for 2016
5th Jan 20163:36 pmRNSTotal Voting Rights
22nd Dec 20154:22 pmRNSFundraising and Capital Reorganisation
18th Dec 20151:17 pmRNSResult of AGM
18th Dec 20157:00 amRNSFundraising
19th Nov 20157:00 amRNSPreliminary Results for Year Ended 30 June 2015
9th Oct 20157:00 amRNSNew Prospecting Licence awarded in Orapa
7th Oct 20157:00 amRNSExploration Update on Drilling in Orapa
11th Sep 20157:00 amRNSExploration Update
3rd Sep 20157:00 amRNSUpdate on Exploration in Botswana
19th Jun 20154:06 pmRNSCompany Presentation
18th Jun 20157:47 amRNSExploration Update - June 2015
1st May 201511:15 amRNSChange of Adviser
15th Apr 20157:00 amRNSCompany Expands Exploration with 3 New Licences
8th Apr 20152:53 pmRNSIssue of Shares and Directors' Dealings
31st Mar 201510:24 amRNSBotswana Diamonds Fundraising
27th Mar 20157:00 amRNSInterim Results
24th Mar 20157:00 amRNSNew Licence in Orapa, Botswana
11th Mar 20154:40 pmRNSSecond Price Monitoring Extn
11th Mar 20154:35 pmRNSPrice Monitoring Extension
5th Mar 20157:00 amRNSField Exploration Update - Orapa, Botswana
23rd Feb 20154:40 pmRNSSecond Price Monitoring Extn
23rd Feb 20154:35 pmRNSPrice Monitoring Extension
19th Dec 201412:39 pmRNSResult of AGM
24th Nov 20147:00 amRNSPreliminary Results for Year Ended 30 June 2014
2nd Oct 20147:00 amRNSDrilling Update at Orapa
18th Sep 20147:00 amRNSDrilling Update at Orapa
2nd Sep 201411:30 amRNSNon-Executive Director Appointment
13th Aug 20147:00 amRNSExploration in Orapa, Botswana
8th Aug 20147:00 amRNSDrilling Programme in Orapa
20th Jun 20147:00 amRNSIssue of Equity and Directors' Shareholding
5th Jun 20147:00 amRNSFirst results on PL117 exploration programme
2nd Jun 20147:00 amRNSLiquidation of Interest in Bugeco
27th May 20147:00 amRNSNew Licences awarded in Orapa region of Botswana
30th Apr 20147:00 amRNSInitial Outcome of Fieldwork at PL117 Licence
31st Mar 20147:00 amRNSInterim Results
26th Mar 20147:00 amRNSCompletion of initial fieldworks at PL117 licence

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.